SEVEN YEARS OF THE POTUS DEMOCRAT BHO ECONOMY–THE JOB MARKET DECLINED FOR FULL TIME EMPLOYEES TO BE REPLACED BY PART TIMERS–THE SAME OLD DEMOCRAT JOBS PROGRAM WITH ZERO KNOW HOW ON WHAT CAPITALISM MEANS AND FULL TIME JOB CREATION TO LIFT THE INDIVIDUAL FROM POVERTY BUT DRIVEN ONLY BY COMMUNIST STYLE SOCIALISM THAT KEEPS THEM IN POVERTY–AND IN 2016 THE SAME DEMOCRAT STRIPES WOULD CHANGE YOU ASK–NOT EVEN LIKELY–THE REAL TRICKLE DOWN ECONOMY AFTER ALMOST A DECADE OF RUINING THE ECONOMY

While the kneejerk reaction algos were focusing on the +223K jobs number reported by the Establishment Survey, few if anyone notched that the Household survey reported a decline of 56,000 workers in June.

But what's worse, is that according to this survey which according to some is far more reliable than its peer, the composition of the US labor force once again deteriorated rapidly with part-time jobs added in June surging by 161,000 while the number of full time jobs tumbled by 349,000.

 

Putting this number in context, while the total number of US workers has long since surpassed its previous crisis high, the number of full time US workers has yet to overtake its November 2007 lever of 121.9 million, and in June dropped to 121.1 million.

http://www.zerohedge.com/news/2015-07-02/part-time-jobs-surge-161000-full-time-jobs-tumble-349000